AUD/CHF - 1H - Technical analysis published on 11/16/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.6736 CHF
My targets
0.6763 CHF (+0.19%)
0.6835 CHF (+1.26%)
My analysis
The strong short-term increase in AUD/CHF calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.6736 CHF, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.6763 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6835 CHF as an objective. Crossing it would then enable buyers to target 0.6857 CHF. Caution, a return under 0.6736 CHF could jeopardize the reversal.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
3.4
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CHF rating 0.6750 CHF. The price registered an increase of +0.60% on the session with the lowest point at 0.6706 CHF and the highest point at 0.6752 CHF. The deviation from the price is +0.66% for the low point and -0.03% for the high point.0.6706
0.6752
0.6750
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/CHF:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/CHF indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6687 | 0.6707 | 0.6736 | 0.6750 | 0.6763 | 0.6835 | 0.6857 |
| Change (%) | -0.93% | -0.64% | -0.21% | - | +0.19% | +1.26% | +1.59% |
| Change | -0.0063 | -0.0043 | -0.0014 | - | +0.0013 | +0.0085 | +0.0107 |
| Level | Intermediate | Intermediate | Minor | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6590 | 0.6639 | 0.6674 | 0.6723 | 0.6758 | 0.6807 | 0.6842 |
| Camarilla | 0.6687 | 0.6695 | 0.6702 | 0.6710 | 0.6718 | 0.6725 | 0.6733 |
| Woodie | 0.6584 | 0.6636 | 0.6668 | 0.6720 | 0.6752 | 0.6804 | 0.6836 |
| Fibonacci | 0.6639 | 0.6671 | 0.6691 | 0.6723 | 0.6755 | 0.6775 | 0.6807 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6699 | 0.6746 | 0.6795 | 0.6842 | 0.6891 | 0.6938 | 0.6987 |
| Camarilla | 0.6818 | 0.6826 | 0.6835 | 0.6844 | 0.6853 | 0.6862 | 0.6870 |
| Woodie | 0.6700 | 0.6747 | 0.6796 | 0.6843 | 0.6892 | 0.6939 | 0.6988 |
| Fibonacci | 0.6746 | 0.6783 | 0.6805 | 0.6842 | 0.6879 | 0.6901 | 0.6938 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6496 | 0.6574 | 0.6686 | 0.6764 | 0.6876 | 0.6954 | 0.7066 |
| Camarilla | 0.6747 | 0.6764 | 0.6782 | 0.6799 | 0.6816 | 0.6834 | 0.6851 |
| Woodie | 0.6514 | 0.6583 | 0.6704 | 0.6773 | 0.6894 | 0.6963 | 0.7084 |
| Fibonacci | 0.6574 | 0.6646 | 0.6691 | 0.6764 | 0.6836 | 0.6881 | 0.6954 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 63.11 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 15.1260 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 0.6741 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6725 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 0.6719 | |
| Zig ZAG (10): | 0.6750 | |
| VORTEX (21): | 1.1841 | |
| Stochastique (14,3,5): | 93.09 | |
| TEMA (21): | 0.6751 | |
| Williams %R (14): | -4.44 | |
| Chande Momentum Oscillator (20): | 0.0024 | |
| Repulse (5,40,3): | 0.1162 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0103 | |
| Courbe Coppock: | 0.76 |
| MA7: | 0.6790 | |
| MA20: | 0.6798 | |
| MA50: | 0.6764 | |
| MA100: | 0.6760 | |
| MAexp7: | 0.6744 | |
| MAexp20: | 0.6734 | |
| MAexp50: | 0.6735 | |
| MAexp100: | 0.6754 | |
| Price / MA7: | -0.59% | |
| Price / MA20: | -0.71% | |
| Price / MA50: | -0.21% | |
| Price / MA100: | -0.15% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | -0.06% |
News
Don"t forget to follow the news on AUD/CHF. At the time of publication of this analysis, the latest news was as follows:
-
Forex Strategy Video: Why AUD/CHF May Have More Attractive Qualities than GBP/USD
-
AUD/CHF Technical Levels
This member declared not having a position on this financial instrument or a related financial instrument.
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